The rapidly rising prices for energy and food have reached a level that threatens the existence of many German hotels, restaurants and inns. This was the result of a survey by the German Hotel and Restaurant Association (Dehoga) among its member establishments. According to the survey, energy costs had already risen to ten percent or more of turnover in almost half of the establishments (48.8%), in 10.7% the energy costs accounted for between 15 and 20 percent of turnover - and in 8.7% the costs now amounted to more than 20 percent of turnover.
Rising energy prices are at the top of the list of current problems for 89 percent of hotels and restaurants, according to the survey. 56.3 percent of operators report announced price increases for electricity, averaging 103.8 percent. At 60.8 percent of the establishments, gas prices will increase by an average of 152.4 percent.
In addition, turnover is still below pre-crisis levels. For August, the industry reported a nominal 2.6 per cent drop in sales compared to August 2019, with businesses turning over as much as 9.7 per cent less from January to August 2022 compared to the same period in 2019 pre-crisis. "The concerns and existential hardships in the industry are growing," Dehoga President Guido Zöllick commented on the survey results. 7.7 percent of hotel and restaurant entrepreneurs classify the cost development for energy as "threatening to their existence". In addition to energy cost increases, rising food prices (73.5%), declining turnover (67.0%) and personnel costs (62.5%) are among the greatest challenges for businesses.
From 31 August to 4 September, 3,000 hospitality businesses from all over Germany took part in the survey conducted by Dehoga-Bundesverband.
(uka / Source: Dehoga - Photo: 123rf)